Northern Lights Resources Balance Sheet Health

Financial Health criteria checks 3/6

Northern Lights Resources has a total shareholder equity of CA$1.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.4M and CA$973.5K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$277.13k
Equity	CA$1.40m
Total liabilities	CA$973.48k
Total assets	CA$2.37m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NLR's short term assets (CA$283.1K) do not cover its short term liabilities (CA$973.5K).

Long Term Liabilities: NLR has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: NLR is debt free.

Reducing Debt: NLR had no debt 5 years ago.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: NLR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: NLR has less than a year of cash runway if free cash flow continues to grow at historical rates of 13% each year.

Northern Lights Resources Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Northern Lights Resources Corp. Auditor Raises 'Going Concern' Doubt

Recent updates

Northern Lights Resources Corp., Annual General Meeting, Dec 31, 2024

New minor risk - Shareholder dilution

Northern Lights Resources Corp. Announces Executive Changes

Insufficient new directors

Northern Lights Resources Corp. Provides Update on Its Secret Pass and Medicine Springs Project

Northern Lights Resources Corp. Announces Drilling to Begin At Medicine Springs

Northern Lights Resources Corp. announced that it expects to receive CAD 1 million in funding

Insufficient new directors

Northern Lights Resources Corp. Announces an Update to the Exploration Plan for the Tin Cup Prospect At the Company's 100% Owned Secret Pass Gold Project in Mohave County, Arizona

Northern Lights Resources Reports Additional High-Grade Assay Results from its Third and Fourth Drill Holes at its Tin Cup Prospect at its Secret Pass Gold Project in Arizona

Northern Lights Resources Corp. Announces Tin Cup Drill Holes Intercept Wide Zones of Near Surface Gold Mineralization

Northern Lights Resources Corp. Announces the Assay Results from A Jasperoid Rock Sampling Program Completed At the Medicine Springs Silver Project

Northern Lights Resources Corp. Announces Results from the Mobile Metal Ion (Mmi) Soil Geochemistry Survey

Northern Lights Resources Corp. announced that it has received funding

Insider recently sold CA$77k worth of stock

Insider recently sold CA$51k worth of stock

Northern Lights Resources Corp. Announces Secret Pass Drill and Rock Sampling Assay Results and Operations Update

Northern Lights Resources Corp. Announces an Update on Exploration Activities at the Secret Pass Gold Project in Arizona and the Medicine Springs Silver Project in Nevada

Northern Lights Resources Corp Receives Approval from the Arizona State Land Department to Commence Drilling At the Tin Cup Prospect

Northern Lights Resources Corp. announced that it expects to receive CAD 2.42576 million in funding from Precious Metals Capital Group LLC

Northern Lights Resources Corp. Approves to Appoint Leon Ho as Chief Financial Officer

Northern Lights Resources Corp. Announces an Update to Exploration Work At the Company's 100% Owned Secret Pass Gold Project Located in Mohave County, Northwestern Arizona

Northern Lights Resources Corp. Executes Property Option and Joint Venture Agreement with Reyna Silver Corp

Northern Lights Resources Corp. Announces Executive Appointments

Northern Lights Resources Corp. Auditor Raises 'Going Concern' Doubt

Northern Lights Resources Corp. announced that it has received CAD 2.81789 million in funding from Palisades Goldcorp Ltd. and other investors

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

Discover healthy companies